More than half of Australias $243 billion in exports came from minerals and natural resources like iron, gold, coal, and petroleum. This is how all 50 state economies rank. It has also been a refuge for people and groups displaced by violence. COVID changed the world and the global economy, and the new numbers for 2020 are out, showing Florida's growth compared to the rest of the world. Thats enough for now to hold off Israel, a country that continues to have a rapidly growing economy, thanks to a bustling tech industry. By GDP, however, the two are more closely matched. Louisianas economy relies heavily on its energy sector. In an international context, however, we find that the population sizes of many US states make them comparable to numerous foreign countries. A majority of Connecticuts GDP comes from private industries: manufacturing, wholesale trade, and real estate and rental leasing among the major contributors. You may also like: The most conservative public colleges in America, - 2018 state GDP: $93.8 billion > Ind. Pakistan relies on mostly textiles and some pharmaceuticals to build its GDP. Arizona also has a slightly smaller population, with 7.0 million residents compared to Israels 8.7 million. Florida's death toll, however, remains lower than Italy's 4,277 in Florida, compared to 34,954 in Italy. Letsgetstarted. The country is pulling out of a major economic contraction that started in 2009. Belgium has a well-developed, diversified economy with several major sectors including services, manufacturing, and technology. In Stevehacks, you can easily find your deserved recipes by using filtering by category function or you can use searching how big is argentina compared to other countries on the top of page. Like many other company websites, our website collects cookies to deliver the best user experience to you. Oklahoma today Florida, if it were an independent country, would be the 15th largest economy in the world. The population of Florida is 21,781,128, an increase of 1.1% from 2020. > N.Y. GDP per capita: $71,252 (Australia: $55,926). Mississippi > Ark. You may also like: 50 most congested cities in America, - 2018 state GDP: $168.3 billion > GDP: $38.7 billion More workers in East Palestine at the site of the toxic train derailment are reporting intense headaches and nausea, prompting fears that the cleanup could constitute a new 'ground zero' health disaster. - GDP equal to: Hungary ($157.9 billion) plus Chad ($11.3 billion). - GDP equal to: Poland ($585.7 billion) plus Sri Lanka ($88.9 billion). Of the countrys $60.8 billion in exports, 95% are crude petroleum. - 2018 state GDP: $368.9 billion > Va. GDP per capita: $54,730 (Nigeria: $2,412). Follow @TBTimes_Opinion on Twitter for more opinion news. > Country w/ similar GDP: Ghana ($50.6 billion) > Iowa GDP per capita: $53,798 (Qatar: $65,694). Its not over, and is likely not even close to being over. Arkansass GDP tops Moroccos, even though the country boasts a diverse economy made up from lively agriculture, aerospace, and phosphates industries. They often offer low investment fees, helping you maximize your profit. At 7 692 024 km 2, it accounts for just five percent of the world's land area of 149 450 000 km 2, and although it is the smallest continental land mass, it is the world's largest island. There are a few guidelines and - GDP higher than: 192 of 212 countries New Zealands top exports are more basicdairy, meat, and woodand Curacao banks on factors like tourism and offshore finance. - 2018 state GDP: $275.7 billion Following nearly five decades of oppressive military rule, the country held free elections in 2015, only to draw international condemnation two years later for what has been deemed ethnic cleansing of the countrys Rohingya Muslim population. South Dakotas economic output is $45.4 billion, one of the lowest state GDP figures and roughly equivalent to that of Libya, a country on the northern coast of Africa. Fighting for the Axis powers in WWII and occupied by Soviets until 1991, Hungary is now a democracy and member state of NATO and the EU the latter of which has been a boon for the countrys economic development. > GDP: $184.7 billion - GDP higher than: 192 of 212 countries The most recent OECD study -- from 2014 using 2011 data -- shows that the United States . The nation's most closely watched forecasting model . - GDP equal to: Egypt($250.9 billion) plus Liechtenstein ($6.2 billion). - GDP equal to: Croatia ($61 billion) plus Guyana ($3.9 billion). > Country w/ similar GDP: Portugal ($238.0 billion) In other words, the United States is 14 times larger than Texas. [4] Only so much can be gleaned by comparing the United States with its world-leading economy to much smaller and more impoverished countries like Peru and Botswana. While confronted with climate change questions, oil and gas remain a driving force of the economy in Texas. > Country w/ similar GDP: Belgium ($524.0 billion) The country did have a high proportion of aging people compared to working-age folks in its borders around June 2020, according to the Population Reference Bureau, which may explain a brief period of negative population growth in . However, it also shares borders with Israel and Syria and has been involved in armed conflicts. - GDP higher than: 164 of 212 countries - GDP equal to: Macao SAR, China ($55.1 billion) plus Vanuatu ($0.9 billion). Universal health care in most countries has been achieved by a mixed model of funding. - GDP equal to: New Zealand ($204.9 billion) plus Curacao ($3.1 billion). The rates are cumulative, so the longer the duration of time overall, 30-day, 7-day the higher the rate will likely be if measured from the same point in time. Kansas Cotton and whisky are two notable industries in Tennessee. Only seven states on this list have a lower GDP per capita than their corresponding country. Washington, particularly Seattle, has developed into a tech hub and is home to companies like Amazon and Microsoft. > Neb. Moroccos top exports include fertilizers, insulated wires, and cars. Algerias economy depends on petroleum, but with oil prices much lower than they were five years ago, the nations exports were nearly cut in half from 2012 to 2017. Alaskas economy depends heavily on its energy sector. Due in part to its close proximity to Western Europe, Moroccos largest trading partners are Spain and France. > GDP: $55.6 billion An analysis like this has its limitations. Home to 1.4 million people, Hawaiis economy generated $79.5 billion in 2017, nearly the same as the GDP of Myanmar, a country with a population over 37 times that of Hawaii. California has the countrys highest GDP. Nevadas economy generated $142.9 billion in 2017, nearly the same as the Middle Eastern nation of Kuwait which happens to be one of the wealthiest nations in both the region and the world. New data shows that today Florida, if it were an independent country, would be the 15th largest economy in the world. Per capita GDP by state came from the BEA and is also for 2017. Bridgette Norris Wales takes up 8,018 square miles, and New Jersey is the closest state in size at 7,354 square miles. And the U.S. had the 37th highest death rate over the last month, again ending Wednesday. > GDP: $207.7 billion > Country w/ similar GDP: Saudi Arabia ($684.2 billion) > Country w/ similar GDP: Myanmar ($79.5 billion) The southeastern European countrys GDP is $216.3 billion, and Louisianas is $226.6 billion. It closely matches the GDP of Australia. Ranking all 50 states by size in square miles including overall area, land area, and water area. Want more of our free, weekly newslettersinyourinbox? Median Income. > GDP: $590.7 billion We could also say that Florida has an area 57% the size of Italy. Additional state level data on economic output by industry from the Bureau of Economic Analysis. > S.D. Idaho had a $67.0 billion GDP in 2017, in line with the GDP of Uzbekistan, a country with nearly 19 times more people than Idahos population of 1.7 million. But what if Florida were a country? > Conn. population: 3.6 million (Portugal: 10.3 million) Free Will Astrology: Is the soul shaped like an iceberg or a hummingbirds eye? 2022 California Gubernatorial. Mining has always been a rock for Wyomings GDP, but a decline in coal production might force the state to look to more modern industries to maintain its economy. > Mont. - GDP equal to: Russian Federation ($1.7 trillion) plus Chad ($11.3 billion). Tennessee > Country w/ similar GDP: New Zealand ($181.5 billion) GDP per capita: $33,558 (Angola: $3,414). Virginia Louisiana > Vt. population: 623,657 (Latvia: 1.9 million) Compare your state to Alaska. - GDP equal to: Sweden ($556.1 billion) plus Nicaragua ($13.1 billion). Some have highly advanced innovation-driven economies, while others are dependent on resource extraction or agriculture. > S.D. Poverty also remains a considerable challenge in the country. 2022 Texas Gubernatorial. Rhode Island has a total area of 3,144 km 2, including 438 km 2 of water. on While Hawaii exports goods like pineapples and macadamia nuts, oil is its biggest export. > GDP: $297.2 billion Kansas is a major producer of civilian aircraft, engines, and parts. West Virginias GDP owes a lot to income from mining and plastics. Qatars $173.4 billion GDP is only slightly higher than Iowas $169.2 billion GDP even though it is home to half a million fewer people than the Midwestern state. New Zealands economy is driven largely by agriculture, tourism, and manufacturing. Still, Croatias GDP of $63.2 billion is closely in line with Delawares $63.9 billion economy. If Florida were a country, where would it rank in fighting COVID? > N.D. GDP per capita: $67,244 (Ghana: $1,756). > GDP: $363.0 billion Florida is not the cheapest state to live in, but it's not the most expensive either. Hawaii China and India have clearly made great leaps forward in both absolute and relative terms. Meanwhile, Joe Biden casually stated that he might visit the town "at some point" and again claimed that he's spoken to "every . If youre an investor looking to minimize expenses, consider checking out online brokerages. In fact, Florida is the 3rd most populous state in America. - 2018 state GDP: $114.8 billion Idaho Subscribe now to get the latest news delivered right to your inbox. your CMS. Today, India's economy is 2.4 times larger than the Sunshine State. Corn, soy, and wheat join apples are Washington GDP heavyweights. > Mo. They often offer low investment fees, helping you maximize your profit. > R.I. GDP per capita: $50,446 (Slovenia: $25,662). Finding a qualified financial advisor doesnt have to be hard. Brit. - GDP higher than: 168 of 212 countries > Country w/ similar GDP: Chile ($271.9 billion) Compared to states like California and Montana, Texas is huge. - GDP higher than: 114 of 212 countries population: 6.7 million (Singapore: 5.6 million) Florida has more Covid-19 cases than most countries. Other parts of the US compare somewhat in size with the rest of the territories in the UK. > Wash. GDP per capita: $64,937 (Norway: $91,219). > Country w/ similar GDP: Norway ($481.8 billion) The table above shows a comparison of 30-year vs. 15-year fixed-rate loans for a $250,000 home with a 20% down payment. Select two states below to get started. - GDP equal to: Kazakhstan ($179.3 billion) plus Benin ($10.4 billion). Similar-Sized Countries. > Country w/ similar GDP: Latvia ($30.2 billion) > GDP: $238.9 billion In its third decade of existence, North Macedonia is finally seeing notable economic growth. > Country w/ similar GDP: Kazakhstan ($196.0 billion) While Florida is only slightly bigger than average when it comes to area, it has one of the largest populations of any state. Each countrys 2017 GDP came from the World Bank and is in constant U.S. dollars, as of 2010. On the opposite end of the spectrum, Singapore is tethered to machinery and oil, with Eritrea reliant on mining. > Ark. The population and gross domestic product figures came from the United Nations, the International Monetary Fun and the Central Intelligence Agencys World Fact Book. - GDP equal to: Iraq ($224.2 billion) plus Haiti ($9.7 billion). - GDP equal to: Qatar ($191.4 billion) plus Guinea ($10.9 billion). > Country w/ similar GDP: Singapore ($310.0 billion) - GDP equal to: Sweden ($556.1 billion) plus Haiti ($9.7 billion). > Nev. GDP per capita: $47,648 (Kuwait: $33,546). New Mexico has a GDP of $91.0 billion, in line with the GDP of the South American nation of Ecuador. Though the population of Hungary is more than triple the population of Utah, the European country covers a land mass less than half the size of Utah. However, the mass presence of fossil fuels in the states economic process has drawn criticism from some circles. It posted a record-breaking 87.3 million visitors in 2011. Colorado is projected to have slower growth in its economy, but low unemployment rates have brightened its financial forecast. Just because a country (or two) may have more residents than a U.S. state, this does not mean its GDP is healthy. Among the specialized products South Carolina creates are gear boxes for motor vehicles. > GDP: $53.5 billion Vanuatu has more basic industries for income, including food and fish freezing, and meat canning. General taxation revenue is the primary source of funding, but in many countries it is supplemented by specific charge (which may be charged to the individual or an employer) or with the option of private payments (by direct or optional insurance) for services beyond those covered by the public system. South Carolina Azerbaijans economy benefits from its oil reserves, but economic growth has been stifled in recent years by corruption. - 2018 state GDP: $1trillion New data shows that today Florida, if it were an independent country, would be the 15th largest economy in the world. Nearly 16% of the states labor force is employed in the professional, scientific, and management sector, the largest share of any state. Since there are, give-or-take, roughly 200 countries in the world, that means that most of them are in fact smaller than Texas. > Country w/ similar GDP: Poland ($600.9 billion) The same forecast showed that if nearly everyone wore masks in public indoor spaces, we could cut the increase in deaths in half. So far, this analysis shows that the United States is hardly the star pupil when it comes to keeping its residents safe from COVID, especially given the money and expertise the country has at its disposal. > Ariz. GDP per capita: $42,353 (Israel: $34,135). Image: World Bank/Bureau of Economic Analysis. > Ill. population: 12.8 million (Saudi Arabia: 32.9 million) South Dakota Kazakhstan stays afloat on strongholds in oil, iron, steel, and copper. - GDP higher than: 153 of 212 countries Resource extraction is also a pillar of Ghanas far less diversified economy. Yes, lobsters are a main part of Maines economy, but so are circuits and Atlantic salmon. Florida overtook Indonesia and Mexicos economies during the past year. Of all the national economies in the world, Romanias is the closest in size to that of Louisiana despite having a population over four times the size of Louisiana. > Country w/ similar GDP: Argentina ($460.3 billion) GDP per capita: $66,419 (Croatia: $15,322). An important observation: Israel has a high vaccination rate and enjoys a robust health care system accessible to most residents. Suriname (163,820 km) Tunisia (163,610 km) Uruguay (181,034 km) Cambodia (181,035 km) Syria (185,180 km) Compared to Largest State. - 2018 state GDP: $189.7 billion > GDP: $44.4 billion Casinos obviouslyboost Nevadas GDP profile, but real estate is also a solid contributor. As 2020 opens, uncertainty in trade, uncertainty in politics, and unstable business relations with countries like China and Russia weigh on economies at home and abroad. The Bayou State is big on manufacturing, and professional, scientific, and technical services (beignets and gumbo, while delicious, probably only amount to a small amount of the states economy). > GDP: $546.5 billion > Maine GDP per capita: $41,619 (Azerbaijan: $5,805). - 2018 state GDP: $208.1 billion Nebraskas 1.9 million residents produce an economic output of over $111 billion, close to that of the Slovak Republic, or Slovakia. As Monaco doesnt have an income tax, the country is known as a tax haven. - 2018 state GDP: $56.1 billion During the past two months, however, Florida's daily average has plummeted by more than 90 percent, to about 1,700 cases, or eight for every 100,000 residents. With much of Virginia within commuting distance to Washington D.C., the state is home to some of the largest defense contractors in the world. > Country w/ similar GDP: Azerbaijan ($57.3 billion) In fact, it's 1.076 million km, and has almost 14 million residents according to the province's 2016 data.. > W.Va. population: 1.8 million (Oman: 4.6 million) > GDP: $292.3 billion As the animated GIF belowcreated by Reddit user, neilrkaye - demonstrates, northern nations such as Canada and Russia . - 2018 state GDP: $565.8 billion Scotland has a land size of 30,415 . The Florida Chamber thanksGovernor DeSantis for his continued leadership and for keeping Floridas economy open during the global pandemic. Australia is the planet's sixth largest country after Russia, Canada, China, the USA, and Brazil. About 40% of all coal in the United States is mined in Wyoming, and the state is also home to the largest uranium mining operations in the country. - GDP higher than: 153 of 212 countries State leaders in Arizona are promising more education spending made possibleby economic growth that includes a $750 million surplus for the 2021 budget year. Compare the size of US states by selecting two states below. population: 1.1 million (Lebanon: 6.1 million) PAGE CREATED ON : 12/03/2022 LAST UPDATED DATE : 12/03/2022 It's so vast that you'd need well over a month to properly explore it all. The nations most closely watched forecasting model predicted 98,000 more COVID deaths in the United States by Dec. 1, which would bring the countrys somber tally to 730,000. - 2018 state GDP: $128.4 billion - 2018 state GDP: $124billion - GDP higher than: 191 of 212 countries Despite the setback, Florida's economy still expanded by an annual average of 2.2% over the last five years, well above the comparable 1.4% national annualized growth rate. Even tiny Rhode Island produces a higher GDP than nations with millions of more citizens. - GDP equal to: Greece ($218billion) plus Suriname ($3.6 billion). Despite having almost 57 million less residents, Delawares mighty economy trumps that of Myanmar and the Central African Republic. - GDP equal to: Myanmar ($71.2 billion) plus Liechtenstein ($6.2 billion). republish under a Creative Commons License, and we encourage you to - GDP higher than: 127 of 212 countries The other downside of this is that the aggregation of American states has led to a habit of treating smaller and medium-sized states as if they are insignificant. Compared to Smallest State The capital is Tallahassee, located in the northwestern panhandle. The state would have the highest death rate in our country comparison, no matter the time frame. In Florida, the population grew by a net of nearly 2.7 million people between 2010 and 2020 from new residents moving in alone, the most of any state in the country. GDP per capita: $52,240 (Libya: $7,315). > GDP: $70.6 billion It was admitted as the 27th state in 1845. Alaska is the biggest state in the union. Californias $2.6 trillion economy is the largest of any state. Situated along the Mediterraneans eastern shore, Lebanon has long been a regional trading hub. > Pa. population: 12.8 million (Saudi Arabia: 32.9 million) > Nev. population: 3.0 million (Kuwait: 4.1 million) > Fla. population: 21.0 million (Netherlands: 17.1 million) 46. From an economic perspective, the 2 trillion dollar Texas economy is about 8% of the 25 million dollar US economy. Pennsylvania population: 579,315 (Cte dIvoire: 24.3 million) In contrast, gases, oils, and fertilizers make up a strong portion of Qatars GDP. > Country w/ similar GDP: Oman ($74.8 billion) - 2018 state GDP: $169.3 billion Oil and gas are similarly important to Canadas GDP, with Western Canada as a major location for wells and drilling. and more. > Idaho population: 1.7 million (Uzbekistan: 32.4 million) Tech jobs have made Massachusetts a state with a healthy GDP, and the Bay State sends goods to India, China, and Singapore with regularity. Montana questions about the economy? State size comparison. - 2018 state GDP: $50.3 billion By clicking Accept, you consent to the use of cookies. The United States is a vast country with a large amount of land. The State of Florida is in the far southeastern region of the United States, and it covers an area of 65,757 sq. - GDP equal to: Sweden ($556.1 billion) plus Tajikistan ($7.5 billion). - GDP higher than: 203 of 212 countries Science magazine recently called Israels rising death count a grim warning that vaccinations have blunted but not defeated the delta variant. But China is now more than twice as big as the two largest U.S. states together. You may also like: 50 ways the housing market has changed in the past 50 years, - 2018 state GDP: $371.7 billion It is the coal production that helps put Pennsylvania past Turkey in GDP, despite Turkeys solid production of textiles, iron, and steel. Singapore has a highly developed economy and is a global financial hub. Wyoming has a $38.7 billion economy, nearly the same size as the economy of Cote dIvoire, or the Ivory Coast, a nation in West Africa. Tallahassee. > Pa. GDP per capita: $54,725 (Saudi Arabia: $20,771). However, the Miami metro area is the state's most populous area, with a population of well over 6 million people. > Ala. population: 4.9 million (Kazakhstan: 18.0 million) Same goes for comparing the last month to last week, which wasnt very good for Florida either. - 2018 state GDP: $60.6 billion Florida is slightly bigger than the average state, as it ranks 22nd by area. - 2018 state GDP: $783.2 billion Washington, D.C., and U.S. dependencies are included as well. Key Facts. population: 6.9 million (Norway: 5.3 million) Washington This Canadian province is so huge that most people who live there rarely see it all. > N.Y. population: 19.8 million (Australia: 24.6 million) Click through and decide how you think your home state would fair independently when compared to other countries with similar GDPs. One of the smallest states by population, New Hampshire has a $74.4 billion economy on par with Oman, a Middle Eastern nation with a population more than triple that of New Hampshire. This crisis is ongoing. Do Politicians Understand Your Business? Alaska is equal to 7.05 UKs. - 2018 state GDP: $54.7 billion > GDP: $199.3 billion Scroll to read more Arts Stories + Interviews articles. Arkansas Missouri counts on motor vehicles (particularly motorcycles), corn, and pork to steady their economy. The COVID-19 pandemic sent economic shockwaves through the U.S. economy, tripling the monthly unemployment to nearly 15% and leading to a more than 30% quarterly decline in GDP by far the largest economic contraction in U.S. history. Germany, Europe's biggest economy, has a GDP roughly the same as 12 of the eastern states, at $3.35 trillion in 2015. Or they obviously cook the numbers to disguise the extend of the problem were looking at you, China. - GDP equal to: United Kingdom ($2.9 trillion) plus Kuwait ($140.6 billion). In some cases, small areas produce a bigger GDP than larger, as in the case of New Jersey: no. Guatemalas economy is largely agriculture based, with bananas and coffee as its chief agricultural exports. > GDP: $463.6 billion The way North Carolina relies on furniture, Tajikistan is reliant on minerals. Starting with the basics, the World Health Organization and Johns Hopkins University track COVID cases and deaths in about 238 nations. > GDP: $321.1 billion In Algeria, oil, gas, and inorganic chemicals stabilize the economy. Floridas economy grows to 15th largest in the world, up from 17th. > GDP: $45.4 billion > GDP: $1.4 trillion > Mich. population: 10.0 million (Argentina: 44.3 million) Kuwait has a relatively open political system for the region, and it has more proved oil reserves than all but a handful of other countries worldwide. Colorado Florida is known for being one of the biggest states, but this reputation actually comes from the state's population, not its area. - GDP equal to: Myanmar ($71.2 billion) plus Bermuda ($5.6 billion). All index components used to create this ranking were included at equal weight. Even individual U.S. states have GDPs that rival countries many times their size. Benins new free market economy is showing signs of growth, with cotton as an anchor. > Country w/ similar GDP: Slovenia ($53.0 billion) population: 4.7 million (Romania: 19.6 million) We jest kind of. > Country w/ similar GDP: Singapore ($310.0 billion) Of all the nations in the world, Colorados $323.3 billion economy most closely matches that of Singapore. Popular Political Data. population: 6.1 million (Malaysia: 31.6 million) In Ecuadors economy, wood products and seafood are bountiful. Florida encompasses 65,757 square miles, which would make it the 90th largest country in the world, according to Self Storage, and would make it just above the median size of a country. A bustling medical industry and retail giants like Target are the backbone of Minnesotas GDP. A great tool for educators. On 7 August, the government announced a further 25 billion ($29.5bn) stimulus package which included plans to extend its furlough scheme for up to Peru is the 20th largest country in the world, with a total area of approximately The US economy is so big . To help mitigate those differences, we grouped together Europes five largest economies Germany, U.K., France, Italy and Russia.